Personal Loan Chennai | Interest rates | Emi | Apply online

Apply Personal Loan in Chennai . Now you can get Instant E-approval, Special Offers, Best interest rates and lowest EMI options from all major banks in Chennai through deal4loans.

Personal Loan Chennai details:

Interest Rates 11.50% – 26.00%
Processing Fees 0.99% – 3.00%
Pre payment Charges Nil – 5.00%
Repayment Period Upto 7 years
Cibil Score Min. 750
Lowest EMI Rs. 2199.26 per lac

 



Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks
Loan Amount

Employment Status

 

Personal loan interest rates Chennai from various banks – 2016

Bank Interest Rates
HDFC Bank 11.49 – 19.50%
Standard Chartered 11.99 – 15.00%
Bajaj Finserv 15.00 – 17.00%
Fullerton India 21.00 – 32.00%
Kotak Mahindra 11.50 – 20.00%
IndusInd Bank 12.99 – 17.00%
ICICI Bank 13.49 – 17.50%

A positive sign of recovery soon be visible as the government has relaxed the rules for FDI norms. The new policy taken on 30th Oct, 14 by union cabinet for real estate industry is certainly going to be beneficial for entire country in general and for Chennai in specific. Although, the investors have gained YoY appreciation but this appreciation differs according to location and market segments.

Even though the city has a large number of high mid income group but due to increase in demand sometimes we realize shortfall of funds to meet the expenses. Old loans with high interest rate taken in haste, causes a hole in our pocket. In order to repay this interest burden, one may opt for personal loan.

In our unpredictable life we sometimes face medical need in our family. Monthly remuneration is not enough to meet expensive medical cost. At this time of need personal loans proves to be of great help. As a safe investment option buying a piece of land sometime leaves us in short of fund. An easy accessibility to a debt instrument like personal loan easily resolves our problem.

To mark a memorable marriage and hosting superb banqueting charge its own price and to meet this expense a number of banks are in fray to offer personal loan at competitive interest rates.

You can get Lowest Interest Rates on Personal loans if you are working in these Companies at Chennai:

✓ Cognizant Technology Solutions ✓ Tata Consultancy Services ✓ Infosys ✓ HCL Technologies ✓ Wipro
✓ Accenture ✓ Computer Sciences Corp ✓ Hewlett-Packard ✓ CSS Corporation ✓ MphasiS ✓ Sutherland Global Services
✓ Polaris FT ✓ iNautix Technologies ✓ Amazon.com ✓ Photon Infotech ✓ Virtusa ✓ Scope International ✓ Mahindra ✓ Satyam ✓ Zoho ✓ Aricent

Eligibility Or Loan Amount in Chennai – Depends on your Credit Score, Bank Policies, Company in which you are working, your Income or salary, Area in which you are live, Work experience etc. Or better to pay your credit cards or loan amounts on time to get more loan amount from banks at the time of apply new personal loans.

Prepayment charges / processing fees of top banks in Chennai for Personal loans

Bank Processing Fee pre payment charges
Bajaj Finserv 2 – 2.5% Nil
ICICI Bank 0.8% – 2.00% Zero or 5.00%
Axis Bank 2.00% Nil
Kotak 1.5 – 2.00% 5.00%
HDFC Bank 0.8% – 2.00% 4.00%
Fullerton India N.A 4.00%

Documents requirement for Personal Loans Chennai:

Following documents are required by financial institutions to process the loan application :

in case of Salaried

  • Identity proof
  • 3 to 6 months Bank statements
  • Residence proof
  • Salary slip
  • Guarantors & their same set of documents

In case of Self Employed

  • Balance Sheets
  • Profit & Loss Account
  • Partnership Deed & other mandatory documents etc.

Best Banks Provide Personal Loans in Chennai:

SBI Personal Loan Bajaj Finance Personal Loan ICICI Bank Personal Loan
Standard Chartered Personal Loan HDFC Bank Personal Loan Kotak Bank Personal Loan
UBI Personal Loan Tata Capital Personal Loan IndusInd Personal Loan
HSBC Personal Loan IDBI Bank Fullerton Personal Loan
AXIS Bank Personal Loan Bank of Baroda Personal Loan BOM Personal Loan

List of Bank Branches for apply personal loans in Chennai

Bank Address Pincode
Axis Bank Centennial Square, 2nd Floor, No 6 A, Dr.Ambedkar Road, Opp to Hotel Brown Star, Kodambakkam, Chennai 600024
Bajaj Finserv Unit No – 209, 210, 2nd Floor, Delta Wing, Raheja Towers, 177, Anna Salai, Chennai 600002
HDFC Bank 12 6Th Block,T N H B,Mogappair West,Chennai,Tamil Nadu  600037
ICICI Bank Conran smith road, Gopalapuram, Chennai, Tamil Nadu 600086
Indusind Bank AL Complex, W 115 A, 3rd Avenue, Anna Nagar – East, Chennai 600040
Kotak 3, Dass India Tower,2Nd Line Beach,parrys,chennai 600001
Tata Capital MT Rajens Properties, 40, Bazullah Road, T Nagar, Chennai 600017
Fullerton First Floor, Second Avenue No.149, AC Block, Anna Nagar, Chennai 600040
HDFC Bank No. 53, Plot No. 841,4Th Avenue, Ashok Nagar,Chennai,Ashok Nagar,Tamil Nadu 600083
HDFC Bank 56,Jawaharlal nehru road 100 ft road,,vadapalani,chennai,Tamil nadu 600026
Tata Capital Veeru Towers, # 18,6, 19,3, Jawaharlal Nehru Salai, Ekkaduthangal, Chennai 600032
Indusind Bank Ground Floor,ev Apartments 28A1,Venkateshwara Nagar, 100ft bye pass Road,Velachery, Chennai, 600001
Bajaj Finserv Old No – 102, New No – 256, Mudichur Road, Tambaram West, Chennai 600045
Fullerton No 393-A, Ground Floor, Anna Salai, Saidapet, Chennai 600015
Kotak #555 Ground Floor, Anna Salai, Teynampat,Chennai 600018
Indusind Bank 52 Old No32 Swethambar, Bazullah Road, T Nagar, Chennai 600017
ICICI Bank C P Ramasamy Road, Alwarpet, Chennai, Tamil Nadu 600018

Private Finance Companies available in Chennai

when your CIBIL score is low and you are not in good terms with the bank and of course you need a personal loan, could it be for a vacation with your family or a medical emergency, private financier in your region (here Chennai) could your ultimate saviour.
(As your financial companion we do not endorse to employ loans from companies until and unless you are in an immense problem.)
Some of the private companies are listed below from Chennai region:

Name of the company Address
Magnum Enterprise No. 9, Ground floor, Dhamodharan Street, Kellys, Kilpauk, Chennai-600010
VPS Sons and Co. No. 8/43, Ganga Nagar 2nd cross street,Kodampakam, power house,Kodambakkam, Chennai-600022
MRM Associates No. 13/7, Aishwarya Buildings, 1st floor, 3rd cross street, Trustpuram, Kodambakkam Chennai-600024
Royal Touch No. 9/4, Bakthavatchalam street, West Mambalam Chennai-600033
Thomas-Private Loans No. 10, Fakkiri Shaib Street, 3rd lane, Triplicane, Chennai-600005
SAR Finance No. 17, Gangai Amman Koil, 1st street, Vadapalani, Chennai-600026

Updated as on 22 July 2016

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